Daily Current Affairs 31st Dec, 2024

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Daily Current Affairs 31st Dec, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 31st Dec, 2024. It includes all Major National, International, Business and Sports related current affairs of 31st Dec, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 31st Dec, 2024 Current affairs test.

International News

China Introduces the CR450: The World’s Fastest High-Speed Train Prototype

  • China has unveiled the CR450, a groundbreaking high-speed train prototype capable of reaching test speeds of up to 450 km/h.
  • This innovation surpasses the current CR400 Fuxing trains, which operate at a maximum speed of 350 km/h.
  • Combining enhanced energy efficiency, passenger comfort, and safety, the CR450 marks a significant leap in rail technology.
  • It aligns with China’s ambitious goal to expand its high-speed rail network to 70,000 kilometers by 2035, cementing its global leadership in rail infrastructure.

National News

116th Mann Ki Baat: Ushering in a Milestone Year

  • As 2025 approaches, India gears up for momentous celebrations, marking the 75th anniversary of the Constitution of India.
  • This anniversary is a tribute to the vision and commitment of the nation’s founding leaders. Prime Minister Narendra Modi, in the 116th episode of his monthly radio program Mann Ki Baat, discussed themes of unity and progress while highlighting various aspects of India’s journey.
  • The address covered a wide array of topics, including cultural heritage, health, and sports, underscoring the government’s aspirations for a more unified and prosperous future.

Defence News

Vitul Kumar Named Officiating DG of CRPF

  • Vitul Kumar, an IPS officer from the 1993 Uttar Pradesh cadre, has been appointed as the interim Director General (DG) of the Central Reserve Police Force (CRPF) following the retirement of Anish Dayal Singh on December 31, 2024.
  • Currently serving as the Special Director General, Kumar will guide the force during critical times, addressing challenges in regions such as Chhattisgarh and Manipur.
  • His leadership will ensure stability and continuity until a permanent DG is appointed.

India’s Defence Exports Soar to ₹21,000 Crore: Rajnath Singh

  • India’s defence exports have surged to a record ₹21,000 crore, a remarkable increase from ₹2,000 crore a decade ago.
  • During his visit to the Army War College in Mhow Cantonment, Defence Minister Rajnath Singh set an ambitious target of ₹50,000 crore in defence exports by 2029, emphasizing the nation’s growing self-reliance in defence manufacturing.

Economy News

GDP Growth for FY25 Projected at 6.6% by RBI

  • The Reserve Bank of India (RBI), in its December 2024 Financial Stability Report, has forecasted a GDP growth rate of 6.6% for FY25.
  • This projection is supported by factors such as revived rural consumption, increased government expenditure, and strong performance in services exports.
  • Although GDP growth slowed to 6% in the first half of FY25 compared to 8.2% during the same period in FY24, the RBI lauded India’s robust economic resilience.
  • Key risks include slowing urban demand, global uncertainties, and trade protectionism.

Banking News

Rajat Verma Appointed CEO of DBS Bank India

DBS Bank India has named Rajat Verma as its new CEO, effective March 1, 2025, succeeding Surojit Shome, who retires after nearly a decade in the role. With 27 years of experience in banking and a successful tenure as the head of the Institutional Banking Group, Verma is set to drive the bank’s growth in India, a key market for DBS.

RBI Launches Name Lookup Facility for NEFT and RTGS

To enhance security and reduce transaction errors, the Reserve Bank of India (RBI) has introduced a name lookup feature for NEFT and RTGS systems. This service, akin to those available for UPI and IMPS transactions, allows remitters to verify the recipient’s name before initiating transfers. Developed by the National Payments Corporation of India (NPCI), the system will be mandatory for banks by April 1, 2025, and will be available at no cost to users through multiple banking platforms.

 

Summits and Conferences News

India to Host Inaugural WAVES Summit in February 2025

India will organize the first-ever World Audio Visual Entertainment Summit (WAVES) from February 5-9, 2025, in New Delhi. Announced by Prime Minister Narendra Modi during Mann Ki Baat, the summit aims to position India as a global hub for content creation and creative collaboration. Inspired by international events like the World Economic Forum in Davos, WAVES will attract leaders from the media, entertainment, and creative industries worldwide.

Ranks and Reports News

ECI Releases Comprehensive Data on 2024 Elections
The Election Commission of India (ECI) has published detailed reports on the 2024 Lok Sabha and Assembly elections. Key highlights include a 7.43% increase in registered voters and 64.64 crore votes cast. Women now constitute 48.62% of the electorate, with female candidates numbering 800. Participation among third-gender and PwD voters also saw significant increases. While national parties secured 63.35% of the vote share, seven independent candidates emerged victorious out of 3,921.

Awards News

SAIL Recognized as a Great Place to Work for the Second Year

Steel Authority of India Limited (SAIL) has been re-certified as a ‘Great Place to Work’ for the period from January 2025 to January 2026. This achievement highlights SAIL’s dedication to creating a supportive and innovative work environment for its employees.

Sports News

Kerala Wins First Senior National Men’s Handball Championship

Kerala clinched their first-ever Senior National Men’s Handball Championship by defeating Chandigarh 34-31 in a closely contested final. Devendar was named the tournament’s best player, while Rahul won the Best Goalkeeper award.

Hemanth Muddappa Extends National Title Record

Hemanth Muddappa, India’s “Drag King,” secured three more National titles in motorcycle drag racing, bringing his total to 15. Competing with a fractured thumb, Muddappa showcased resilience and determination at the Madras International Circuit.

Haryana Steelers Win Maiden PKL Title

The Haryana Steelers claimed their first Pro Kabaddi League title with a decisive 32-23 victory over the Patna Pirates in the final held in Pune. The team demonstrated outstanding coordination and strategy, securing a historic win.

Appointments News

Justice V Ramasubramanian Appointed Chairperson of NHRC

Former Supreme Court Justice V Ramasubramanian has been appointed as the Chairperson of the National Human Rights Commission (NHRC). This appointment fills a vacancy left after Justice Arun Kumar Mishra’s tenure ended on June 1, 2024. Ramasubramanian’s leadership marks a continuation of NHRC’s commitment to protecting human rights.

Science & Technology News

ISRO Successfully Launches SpaDeX Mission

The Indian Space Research Organisation (ISRO) has achieved a historic milestone by launching the SpaDeX mission, demonstrating space docking technology. Using the PSLV-C60 rocket, two spacecraft, SDX01 (Chaser) and SDX02 (Target), were successfully placed in low-Earth orbit. This achievement positions India alongside Russia, the US, and China in advancing autonomous space docking systems.

 

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